Sagicor Group traded more than 400 million shares valued more than $1.57 billion on the Jamaica Stock Exchange on Monday pushing the volume and the value of stocks traded well above Friday’s levels after an exchange of 435,202,023 shares in all three markets, up from 38,158,414 units on Friday for $15.81 billion on the Junior and Main markets amounting, up sharply from $580.24 million on the previous trading day.
Trading on the JSE USD market closed with an exchange of 32,183 shares for US$2,895 compared to 566,050 units at US$37,617 on Friday.
Trading activities in the markets ended with the prices of 42 shares rising, 36 declining and 40 ending firm.
At the close of the market, the JSE Combined Market Index rallied 3,945.05 points to t 337,441.10, the All Jamaican Composite Index rallied 5,196.86 points to conclude trading at 374,403.63, the JSE Main Index climbed 3,736.63 points to end the day at 325,187.58, the Junior Market Index advanced a solid 51.85 points to finish at 3,691.61 and the JSE USD Market Index rose 0.57 points to conclude trading at 230.23.
In Main Market activity, Sagicor Group led trading with 413.89 million stocks followed by Sagicor Select Financial Fund with 6.81 million shares and Transjamaican Highway with 2.77 million units.
In Junior Market trading, Lumber Depot led with 1.50 million stocks followed by Derrimon Trading with 1.05 million shares and Kintyre Holdings with 836,962 units.
In the preference segment, Jamaica Public Service 7% gained $1.95 and ended at $43.95, Jamaica Public Service 9.5% popped $105 to $2,860, 138 Student Living preference share dropped $45.02 to end at $254.98 and Sygnus Credit Investments C10.5% climbed $3.60 in closing at $105.The market’s PE ratio, the most popular measure used to value stocks, ended at 14 based on 2024-25 earnings and 20.6 based on 2023-24 historical earnings. The ICInsider.com PE ratio chart and other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2024 actual or projected earnings, excluding major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is incorporated into the chart. Investors can use these measures to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.